Account Recovery

MARCH 11, 2025

Why it matters: For professionals in debt collection agencies, debt buying companies, fintechs, banks, credit unions, and consumer finance firms, these findings underscore a growing vulnerability among older borrowers.

Credit Card Debt 130

Credit Card Debt Credit Unions Credit Unions Debt Buying 130

Nexa Collect

JUNE 18, 2023

A medical collection agency will send written demands and make persistent phone calls to your patients. Since debt collectors are on the phone all day long, they know every tactic to get paid. Since debt collectors are on the phone all day long, they know every tactic to get paid.

Collection Agencies 130

Collection Agencies Collections Agency Collections Healthcare 130

Collection Industry News

OCTOBER 18, 2021

The Maryland Office of the Commissioner of Financial Regulation will host a free online information session for Maryland consumer debt collection agencies from 1 to 4:45 p.m. The post Maryland Regulator Sets Informational Meeting For Debt Collectors appeared first on Collection Industry News.

Debt collector 40

Debt collector Debt Buying Collection Agencies Collections Agency 40

Collection Industry News

DECEMBER 25, 2023

New YorkCNN — The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were illegal collection practices. Colorado recently enacted a similar ban.

Collection Agencies 40

Collection Agencies Collections Agency Collections Fair Debt Collection 40

FFGN COLLECT NY

DECEMBER 12, 2023

Is there a law in NYC that protects consumers and debtors from debt collecting agencies, businesses, and their attorneys? Suppose you are under constant pressure from these agencies and their legal representatives to settle your debt. Consumers must be aware that the debt they are being collected for is valid.

Debtor 52

Debtor Debt collector Debt Buying Original Creditor 52

Collection Industry News

JANUARY 30, 2025

Technology adoption and potential regulatory changes will be top of mind for collections agencies for 2025. Technology will help increase agency efficiency and increase collections. And potential regulatory changes could result in substantial changes to the collections landscape.

Third-party Debt Collectors 40

Third-party Debt Collectors Collection Agencies Collections Agency Debt collector 40

Troutman Sanders

OCTOBER 19, 2021

These FAQs are a Compliance Aid designed to help collection agencies comply with Reg F, which goes into effect on November 30, 2021. State Activities: On October 26, the Maryland Office of the Commissioner of Financial Regulation will host a free online information session for Maryland consumer debt collection agencies.

Financial services 52

Financial services Student loans Student Loans Debt collector 52